Tag: HMRC

Hybrid LLP structures GAME OVER!
It’s game over for most Hybrid LLP tax structures.
A “Hybrid” / Mixed LLP is a Limited Liability Partnership where...

How Property118 Are Helping A Landlord To Resolve A Serio...
Stay tuned for the big reveal – the name of the accountant responsible for this catastrophic situation will be unveiled soon.

Landlords must ACT NOW to reduce tax payable on account t...
Payments on account are advance payments towards your tax bill for the following year based on the tax you owed in the previous year.

Holiday lets and HMRC rules?
Hello, Does anyone here understand the rules surrounding extended lets of 31 days plus, please?
Here is the Gov link:
The letting...

February sees the lowest property sales in a decade
Data published by HMRC show that non-seasonally adjusted property sales were up 2% from January, to 76,920 in February – but...

Capital cost vs allowable expense?
Hello, Would reinstatement (like for like) following an accident to a property be considered a capital cost or allowable expense vs...

House sales fell by 3% in December, HMRC says
The latest data on the UK’s house sales from HMRC reveals that numbers dipped by 3% month-on-month in December 2022 with signs...